17 days old

Regulatory Reporting Manager - CRR FR Y-14Q

Bank of America
Charlotte, NC
  • Job Code
Company Bank of America

Job Title Regulatory Reporting Manager - CRR FR Y-14Q

Jobid bankofamerica-18018858CharlotteNC

Location: Charlotte, NC, 28230, USA

Description **Job Description:**

The position is responsible for the preparation, review and submission of various quarterly the FR Y-14Q Schedules. The role includes acquisition of large volumes of data, data validation through edit checks review and analysis, participation in the production of Business Review Packages, and liaising with other CRR colleagues to review trends and explain variance analysis. The job responsibilities are being updated to include enhanced analytics to effectively challenge the accuracy of data.

Position Overview:

This is a highly visible position within the FR Y-14 M/Q Reporting Team. The role will be responsible forreporting oversightactivities related to various FR Y-14Q schedules, including data acquisition and validation, compliance with reporting instructions, review and analysis, and alignment with other external regulatory reporting disclosures. The candidate will drive process improvements to enhance the effectiveness and efficiency by identifying opportunities for automation and to embed controls within the productionframework. Additionally, the candidate will be expected to effectively challenge how data is reported in the schedules through analysis and explain how key business drivers impact period over periodvariances. This position will interface with other regulatory reporting groups to develop standard data sources and to drive a consistency with variance analysis. Specific responsibilities include:

+ Production of various FR Y-14Q schedules and adherence with tight reporting deadlines.

+ Implement target state operating model, including standard data sources for all reporting processes using securities data.

+ Liaise with reporting Subject matter experts within regulatory reporting to drive centralized processes for reporting ofsecurities.

+ Prepare and present business review packages, including governance processes that ensure the accuracy, completeness and relevance of CCAR as well as variance analyses that explain fluctuations in terms of business events.

+ Participate on regulatory examinations and internal audit reviews.

+ Serve as a Subject Matter Expert for Securities, providing guidance and direction.

_Enterprise Role Overview_

Responsible for performing complex analysis and is engaged in the development of modeling that maximizes profits and asset growth and minimizes credit and operating losses and other risk exposures. Provides analytical support on various product strategies to ensure company goals are met. Coordinates the production of performance reports for senior mgt. Reviews and analyzes trends in current population distributions and recommends strategies. May participate in or develop complex program models to extract data and use databases to provide statistical and financial modelling. Master's degree or large data experience preferred; Programming experience like SQL, SAS preferred and/or Micro Strategy experience preferred. Minimum of 5 years experience.

Required Skills & Experience

+ Bachelor's Degree

+ In-depth understanding of financial and banking products including GAAP and regulatory reporting principles.

+ 5+ years of relevant finance experience in a large corporate environment

+ 2-6 years of experience in US Regulatory Reporting, Internal/External Audit, SOX Compliance, Financial Analysis

+ Organizationally savvy; can work across organizational lines to gain consensus and buy-in from stakeholders

+ Able to build and leverage existing relationships to influence outcomes and drive decisions

+ Execution-oriented; with ability to quickly organize work and execute with speed

+ Able to manage multiple threads of work and balance/decision competing priorities

+ Excellent communication skills – written and verbal

+ Strong team engagement skills Unquestionable business and personal integrity and values congruent with those of the organization.

This position is posted as a Risk Analysis Managerbut is flexible to be filled as a Risk Analysis Specialist II if the posted qualifications are met by a strong Risk Analysis Specialist II level applicant.

**Posting Date** : 03/30/2018

**Location** :


- United States

**Travel** : No

**Full / Part-time** : Full time

**Hours Per Week** : 40

**Shift** : 1st shift

**Assistance for Applicants with Disabilities**

Bank of America is committed to ensuring that our online application process provides an equal employment opportunity to all job seekers, including individuals with disabilities. If you believe you need a reasonable accommodation in order to search for a job opening or to submit an application, please visit the Applicants with Disabilities page at http://careers.bankofamerica.com/us/applicants-with-disabilities .

**Diversity & Inclusion**

At Bank of America, our commitment to diversity and inclusion is helping us to create not only a great place to work, but also an environment where our employees, our customers and our communities around the world can reach their goals and connect with each other. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.

**Frequently Asked Questions**

Need to know how to apply online, view a list of your submitted job applications or reset your password? Visit our FAQ at http://careers.bankofamerica.com/us/faq section for answers to these questions and more.


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Regulatory Reporting Manager - CRR FR Y-14Q

Bank of America
Charlotte, NC

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Regulatory Reporting Manager - CRR FR Y-14Q

Bank of America
Charlotte, NC

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